ENBW RELIES ON AUTOTRADER FROM VISOTECH

autoTRADER supports the flexible marketing of renewable energy Vienna, January 22, 2019 – EnBW Energie Baden-Württemberg AG, one of the largest energy supply companies in Germany and Europe, has chosen VisoTech’s autoTRADER algo trading solution.The company uses the solution for automated energy marketing, flexibility marketing of renewable energy and as a platform for the development of trading strategies.According to a recent study by The Advisory House , EnBW relies on VisoTech, the leading European provider of algo trading. With more than 21,000 employees, EnBW supplies around 5.5 million customers with electricity, gas and water. The company is committed to the expansion of renewable energy, especially wind power. This increases the importance of short-term energy trading;efficient and flexible marketing requires automation of energy trading. The persons responsible at EnBW have evaluated the advantages and disadvantages of their in-house development in comparison to a finished system solution and decided in favor of VisoTech.   The VisoTech experts have taken care of the entire stock exchange connection as well as the conformance tests.   Stefan Walter, who is responsible for the introduction of algorithm-based trading at EnBW, explains the decisive advantages of VisoTech for EnBW: “The autoTRADER is highly available and was easy to integrate into our existing systems. The… continue reading

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